We will conduct scrutiny of the Prudential Regulation Authority’s ‘Strong and Simple Framework’ proposals. We will examine the impacts of the proposed reforms on the safety and soundness of smaller firms, and whether the reforms would successfully reduce the burden of regulation for these firms.

We will conduct scrutiny of the Prudential Regulation Authority’s ‘Strong and Simple Framework’ proposals. We will examine the impacts of the proposed reforms on the safety and soundness of smaller firms, and whether the reforms would successfully reduce the burden of regulation for these firms. Type: conclusion | Number: 21 | Paragraph: 136 | Response status: under_consideration Government response: The PRA agrees that a fast and efficient transfer of all relevant retained EU law would allow us to address the complex policy framework in a comprehensive and efficient manner. We are committed to working with Treasury and other regulators to agree on a process for this transfer, and to providing a